| Bloomberg: |
Sources: Chinese officials are evaluating an option involving Elon Musk acquiring TikTok US; X would take control of TikTok US and run the businesses together — - ByteDance's preferred strategy is to fight ban, people say — Trump has said he would like to delay ban to seek resolution| Todd Spangler / Variety: |
TikTok denies a report that China is looking at potentially facilitating a sale of the app to Elon Musk to keep it operating the US, calling it “pure fiction” — TikTok denied a report that China is looking at potentially facilitating a sale of the app to tech billionaire Elon Musk … | Ryan Browne / CNBC: |
The UK CMA opens an investigation into whether Google has “strategic market status” in search and how it impacts consumers, advertisers, publishers, and rivals — LONDON — Britain's competition watchdog on Tuesday said that it's opening a formal antitrust investigation into Google's search and search advertising services.| Reece Rogers / Wired: |
How Cleo AI and Bright, personalized AI chatbots offering financial advice, often function as a way to sell high-interest loans and cash advances to young users — AI finance apps are reaching Gen Z and millennial users with personalized chatbots that offer money advice—and upsell them big-time.| Financial Times: |
Sources: the EU is reviewing its DMA probes into US tech giants from March 2024, as US groups urge Trump to intervene; the EU says “there is no such review” — Tech groups have urged Donald Trump to intervene against overzealous European regulation| Kashmir Hill / New York Times: |
Texas sues Allstate and its subsidiary Arity, accusing the insurer of illegally collecting and selling data about people's driving behavior through mobile apps — The lawsuit accuses Arity, an Allstate subsidiary, of collecting data about people's driving behavior through mobile phone apps … | Vince Dioquino / Decrypt: |
Sony launches its Soneium Ethereum L2 platform for creators, after a four-month test that drew 14M+ users; Blockscout: the testnet processed ~47M transactions — Sony says it plans to explore ways for protecting creator rights and mechanisms for equitable value distribution between creators and fans.| Sam Sabin / Axios: |
Israel-based Orchid Security, which uses LLMs to identify clients' security requirements, emerges from stealth with a $36M seed led by Team 8 and Intel Capital — - Each of those applications require different identity management configurations—such as multi-factor authentication … | Cheng Ting-Fang / Nikkei Asia: |
Sources: Apple is in the final stage of verifying its first cutting-edge chips from TSMC's Arizona plant, with the first batch expected as early as this quarter — TAIPEI — Apple is in the final stage of verifying its first “made in America” cutting-edge processor chips from Taiwan Semiconductor Manufacturing Co.'s plant in Arizona.| Ryan Weeks / Bloomberg: |
The TON Foundation names board member Manuel Stotz as president, as its blockchain with close ties to Telegram plans to expand in the US — - TON Foundation names Kingsway's Stotz as its new president — Development is part of a strategic shift to focus on US growth| Niket Nishant / Reuters: |
Zurich- and Singapore-based Sygnum, a crypto-focused bank and trading platform for institutional users, raised $58M led by Fulgur Ventures at a $1B valuation — Crypto-focused bank Sygnum secured a valuation of $1 billion after raising $58 million in its latest funding round, it said on Tuesday.| Bloomberg: |
Sources: Databricks secures $5B+ in its largest debt raise to date, from lenders including Blackstone and Apollo, after raising $10B in equity in December 2024 — - Blackstone, Apollo, Blue Owl among lenders in private loan — Financing also includes a $2.5 billion credit line from banks| Financial Times: |
Amazon's AGI team lead Rohit Prasad says Alexa will relaunch as an AI agent, as Amazon works to address the challenges that have dogged the system's AI overhaul — Rollout of upgraded voice assistant hit by delays as Big Tech group toils to overcome technical hurdles| Financial Times: |
India's IT outsourcing industry, which gets over half of its revenue from the US, expects Trump's promised deregulation to spur growth by boosting tech spending — After years of anaemic growth in largest market, sector expects promised deregulation to encourage tech spending| Bloomberg: |
A profile of Dubai property tycoon Hussain Sajwani, who, alongside Donald Trump at Mar-a-Lago, pledged a $20B investment in US data centers, drawing skepticism — - Hussain Sajwani has seen big wins from Dubai's property boom — Sajwani has pledged to invest $20 billion in US data centers| Todd Bishop / GeekWire: |
Microsoft is creating a new “CoreAI - Platform and Tools” unit led by Jay Parikh, the ex-Lacework CEO and Meta engineering executive who joined in October 2024 — Microsoft is creating a new engineering division, led by the former global head of engineering at Facebook (now Meta) … | Ryan Browne / CNBC: |
Klarna partners with Stripe to make its BNPL service available as an option to merchants using Stripe's payment tools in 26 countries, ahead of Klarna's US IPO — Klarna has agreed a major new distribution partnership with fellow fintech unicorn Stripe, in a bid to expand reach and add … | Will Knight / Wired: |
The US' new chip export rule enters a 120-day consultation period, requiring the Trump admin to listen to input, perhaps modify the rule, and then enforce it — The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.| Financial Times: |
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| Dan Mangan / CNBC: |
| Jesse Hamilton / CoinDesk: |
| Washington Post: |
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